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lou: the staffs of both president obama and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end of the session. investors cheering news in a decline in jobless claims, and household wealth in the country grew by $1.7 trillion, to the highest level in five years, talk about a positive indicator for consumer purchasing. the dow jones industrial up 40 points, the s&p up five, and nasdaq rose 15.5 points. volume? a billion shares lighter than yesterday, but above the average of 3.1 billion trading on the board today. apple rebounded from yesterday's worst date performance in four years, a gain of $8.45 today with the ceo saying apple will move imac computer production to the country in the n
lou: the staffs of both president obama and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end...
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. >> well, spiker boehner believes and convinced me he's negotiating with himself. he's in the spot between, and let's be clear, john boehner's never voted for a tax increase in his entire caer in the house so he's got his principles, and, on the other hand, we saw in november, bewere not successful coming to electioneering. we're going to be blamed. he wants to create the appearance of a willingness to sit down in talk in a broad way in entitlement reform, bending the spinning art, but the president won't engage it. it's give me my increase on the dreaded rich people, and and unlimited credit card with respect to the debt ceiling. can you imagine anything more absurd than us giving eman unlimited ability to raise the debt ceiling? he's got the unmitigated ability to ask for tt. lou: congressman, i have the most profound respect. you t me to tears thinking about the 435 folks there on capital hill in the house who have little tiny megaphones and can't get their message out, but then i start desperately looking for the message, and i can't even find it as i seek it.
. >> well, spiker boehner believes and convinced me he's negotiating with himself. he's in the spot between, and let's be clear, john boehner's never voted for a tax increase in his entire caer in the house so he's got his principles, and, on the other hand, we saw in november, bewere not successful coming to electioneering. we're going to be blamed. he wants to create the appearance of a willingness to sit down in talk in a broad way in entitlement reform, bending the spinning art, but...
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speaker boehner and others. stuart: i wonder, as an insider, among democrats, and that is what you are, simon, i want you to tell me, what plans does the president or any other democrats, have to reform social entitlement? >> first of all, if you remember well, stuart, mitt romney and the republicans beat up on president obama for the last three years for cutting medicare at $716 billion. he has already showed he is willing to take a big bite out of a major entitlement program. stuart: hold on a second. i do remember it. that is not reform. that is not reforming the structure of entitlement programs. that is the issue. >> i think the focus has been on medicare. the attention now needs to be on medicare inside the aca. there were large structural reforms in the way healthcare was playing out. in fact, last year, we had a slower rate of growth and health care spending that we have had in quite a time. whether president has proposed is part of the current negotiations is another $300 billion cut in medicare. stuart
speaker boehner and others. stuart: i wonder, as an insider, among democrats, and that is what you are, simon, i want you to tell me, what plans does the president or any other democrats, have to reform social entitlement? >> first of all, if you remember well, stuart, mitt romney and the republicans beat up on president obama for the last three years for cutting medicare at $716 billion. he has already showed he is willing to take a big bite out of a major entitlement program. stuart:...
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john boehner, he wants fewer deductions, limits on deductions. that's the status quo right now of the discussion there. i want to bring you to the big board because we're going nowhere this tuesday morning on very low volume. back below 13,000. tuesday morning, here's the company: elizabeth macdonald is with us. david asman is with us. and nicole petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn stock is going to be down? nicole: you are right. we're seeing the stock down nearly 4% here. this is not good news for them overall. basically china's new leadership cracking down on fast money moving. they are going to set rules where you can't -- restrict the limits on how much money can actually be taken out of the country. there are a lot of new rules that would be put in place. all of it is obviously for responsible gambling, but it seems to be a lot deeper than that. stuart: i've been to that casino in macau. i mean totally different from anything you
john boehner, he wants fewer deductions, limits on deductions. that's the status quo right now of the discussion there. i want to bring you to the big board because we're going nowhere this tuesday morning on very low volume. back below 13,000. tuesday morning, here's the company: elizabeth macdonald is with us. david asman is with us. and nicole petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn...
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they have a sense that they have boehner and the republicans in the house on the defensive. use the more republicans now saying they are willing to, in fact, raise tax rates if they get serious entitlement cuts and serious spending cuts. if the republican caucus and republican poliiical weight, at the moment, if you look at the polls, there is no dispute. although polls show that republicans will they are about three quarters of the blame. dagen: one of the reasons that bill kristol came out after the election and said they just need to step back and give way to these income tax rate increases because the president juan and they will wind up getting blamed one way or another if this thing goes wrong. >> you are talking about eligibility. maybe even taking it away a little bit. that is for upper income earners. if you just say, you know what, we will tailor it now. two people who really may arguably be said don't need it. i think that may be acceptable to democrats. dagen: would it be helpful to everybody if these discussions were open door and more transparent, which has bee
they have a sense that they have boehner and the republicans in the house on the defensive. use the more republicans now saying they are willing to, in fact, raise tax rates if they get serious entitlement cuts and serious spending cuts. if the republican caucus and republican poliiical weight, at the moment, if you look at the polls, there is no dispute. although polls show that republicans will they are about three quarters of the blame. dagen: one of the reasons that bill kristol came out...
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we've been insisting that we should have those negotiations between boehner, reid, everybody forgets harry reid is in the room and obama with c-span cameras there so every american can see what actually happens. if they saw what they're talking about, we would have a much better deal at the end of the day. melissa: i don't know. i think we would all be in agony watching what was happening there. >> you wouldn't have to watch the whole thing but somebody could tell you what happened. melissa: grover, thanks so much. here is our "money" question of the day, should grover norquist give into tax hikes? many of you mentioned he is not elected official. we know what you mean. like us on facebook.co facebook.com/melissafrancisfox or foal neon twitter -- follow me on twitter at melissa a francis. detroit is the latest possibility of being latest and biggest city to file for chapter 9 bankruptcy. detroit mayor binge said the city will lay off 400 to 500 workers in the nexx few months. it will take a lot more than that to keep the city from going broke. we're joined by michigan senator rick jo
we've been insisting that we should have those negotiations between boehner, reid, everybody forgets harry reid is in the room and obama with c-span cameras there so every american can see what actually happens. if they saw what they're talking about, we would have a much better deal at the end of the day. melissa: i don't know. i think we would all be in agony watching what was happening there. >> you wouldn't have to watch the whole thing but somebody could tell you what happened....
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boehner. i think again you are getting arrogance and huborous on the part of the president, who has a hand in this, and i think if he goes off that's a bridge too far for him. if he goes off to hawaii and spends three weeks there, and no deal happens and the fiscal cliff hits and we've got the largest tax increase in history and the markets plummet and he's sitting over there splashing in the surf, i don't think he can do it. >> i wonder what other nations think about us? this is, you know, is it a terrible problem we are going through right now, but we look like we can't handle our own business. we can't talk to each other, we can't figure out our own economics, and i can't think what kind of morale authority do we have in the world when we look so pathetic, so pathetic in terms of how we handle things and the fact that we don't? >> the problem with the american people is today they are -- greta, they are as deeply divided and polarized as we have almost ever been. look what boehner is could
boehner. i think again you are getting arrogance and huborous on the part of the president, who has a hand in this, and i think if he goes off that's a bridge too far for him. if he goes off to hawaii and spends three weeks there, and no deal happens and the fiscal cliff hits and we've got the largest tax increase in history and the markets plummet and he's sitting over there splashing in the surf, i don't think he can do it. >> i wonder what other nations think about us? this is, you...
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gain bah boehner has been here a long time. he saw the coup attempt to speaker gingrich by members of his old party. he knows he has to hold those people together to negotiate with the president. he saw a little bit of wiggle room earlier with jim demint coming out earlier and said he thought the tax offer was an outrage. from the right you can see the speaker tamping that out with his boot. gwen: the president has not always been where he is on this now with the tax rate. he's said in the past that maybe the tax rates should not be raised and that would be bad for the economy. what changed? >> the economy changed. the economy is better. a lot has been made of the fact that the president caved two years ago, december of 2010. that was when the buschera tax rates first expired and he agreed to a two-year extension. yes, he caved but i think in fairness to the president he got a lot for it and the economy wasn't doing so well, which is why he wanted stimulus in the first place. in return for extending them then, he got payroll ta
gain bah boehner has been here a long time. he saw the coup attempt to speaker gingrich by members of his old party. he knows he has to hold those people together to negotiate with the president. he saw a little bit of wiggle room earlier with jim demint coming out earlier and said he thought the tax offer was an outrage. from the right you can see the speaker tamping that out with his boot. gwen: the president has not always been where he is on this now with the tax rate. he's said in the past...
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john boehner still has one to bestow. the man who currently holds the house ethics committee chair is bonner. he said he doesn't want the job this time. but again, how is it going to be a woman? there are no republican women on that committee. so who knows. there have been no republican women on that committee in years. this one might even be more awkward than the last one that john boehner had to go through gyrations to fix. good luck on that, mr. speaker. honestly, the problem that republicans have in trying to appear diverse in their leadership is that they just don't have a deep pool of republican-elected women to choose from. there aren't that many. here's what just happened to make that worse. republicans already had like no women in congress. before this last election out of 241 members of congress, only 24 republicans were women. 24 republicans heading into the last election. after this election, they went down. they went from 24 down to 20. a net loss of four. today that net loss of four became a net loss of five
john boehner still has one to bestow. the man who currently holds the house ethics committee chair is bonner. he said he doesn't want the job this time. but again, how is it going to be a woman? there are no republican women on that committee. so who knows. there have been no republican women on that committee in years. this one might even be more awkward than the last one that john boehner had to go through gyrations to fix. good luck on that, mr. speaker. honestly, the problem that...
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let's talk about some of john boehner's plan, though. john boehner is not moving off of rates. he's stilling talking about loophole closures. do you believe you can accomplish what needs to be done on the revenue side and let's step plate democrats have to be more specific about us entitlement side. can you accomplish what you need on the revenue side just by flattening deductions and closing loop snoels. >> it depends on where you set the cap, but i think what's happening here is that the speaker has put on the table revenues, very specific number, $800 billion, a big number compared to where he was before. the president has said $1.6 trillion. well, i think the obvious agreement here is 1.2. split the difference. how you get that extra 400 is an issue. there are a lot of ways to do it. revenues is not a complicated part of this situation. what is really more complex is the issue of how you get the entitlements controlled because there's really been no substantive ideas put forward on that get to the numbers that you really need to get to. now, what interestingly enough what t
let's talk about some of john boehner's plan, though. john boehner is not moving off of rates. he's stilling talking about loophole closures. do you believe you can accomplish what needs to be done on the revenue side and let's step plate democrats have to be more specific about us entitlement side. can you accomplish what you need on the revenue side just by flattening deductions and closing loop snoels. >> it depends on where you set the cap, but i think what's happening here is that...
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president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the democrats plan to slow walk our economy to the edge of the fiscal cliff instead of engaging in serious talks to avert the cliff, that includes spending cuts and tax reforms the president once supported. the white house has only offered a joke. i understand we have speaker boehner to the microphones. let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that
president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the...
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the president sends the treasury secretary, geithner, to boehner and to mcconnell. he pockets the $800 billion. he double ths it and says i want 1.6 trillion. he demand not only no spending cuts of any importance but increased stimulus in spending which is preposterous when you're running trillion dollar deficit. and just to add insult, and here's the insult, he demands congress give up the power to control the deficit. that's obviously meanlt to humiliate the republicans. it's a non-starter. it's not acceptable. it's a way of saying to boehner you want to hand me your sword, you want to hand me your shirt? i want your trousers as well. the white house is not budging, and everybody's waiting, meaning the media, the administration are waiting for republicans to cave. >> look. i agree totally with you and their posture, their public posture appears that they're going that way. i'll give you a quick example. when john boehner started to answer the other day and he said well, our plan is to raise revenues on the rich, he was co opting barack obama's language and we read
the president sends the treasury secretary, geithner, to boehner and to mcconnell. he pockets the $800 billion. he double ths it and says i want 1.6 trillion. he demand not only no spending cuts of any importance but increased stimulus in spending which is preposterous when you're running trillion dollar deficit. and just to add insult, and here's the insult, he demands congress give up the power to control the deficit. that's obviously meanlt to humiliate the republicans. it's a non-starter....
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we have not seen that same support from republicans to speaker boehner. he has the rank and file behind him, but we have conservative voices both in the senate and house criticize the plan he put on the table. with that said, again, i guess my initial question is where do you see progress? you noted where the president stood the line and been loyal to the words he offered to the american public upon re-election, but as far as these negotiations are concerned, where is the progress? >> well, i think republican voices are being raised. even lindsey graham over in the senate and in the house, you're seeing the congressman speak out from ohio. though he's leaving, he sees a path forward to an agreement. i think we need 218 to pass a measure in the house, and i think we're on the road to do that. >> quickly, we have to talk about major changes to social security and medicare. you are against it. a new poll shows that 70% are opposed to medicaid spending cuts, 51% oppose raising medicare age. where are you you willing to compromise on entitlements when that par
we have not seen that same support from republicans to speaker boehner. he has the rank and file behind him, but we have conservative voices both in the senate and house criticize the plan he put on the table. with that said, again, i guess my initial question is where do you see progress? you noted where the president stood the line and been loyal to the words he offered to the american public upon re-election, but as far as these negotiations are concerned, where is the progress? >>...
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>>guest: what speaker boehner has done is to be admired. the proposal wasn't a strong republican proposal. it had less than $2 of spending for every $1 in taxes and right off the simpson-bowles package. they compromised in a timely fashion, and i was shocked house quickly the white house batted it down. >>neil: but they are not moving off the talking points. is there a way people can put something out, don't talk to the press? >>guest: i would point out, i in there is rhetoric and talking points but when republicans have sat down in serious negotiations, whether it was speaker boehner with the president in 2011 or the super committee, or now, they have said, we are willing to raise more revenue and we will raise it on the rip people you want, mr. president, but we would like to do it in an economically rational fashion. >>neil: he is not accepting lower deductions. >>guest: if you get a dollar from someone why do it in the most damaging way possible? >>neil: so we will see how it works out. it doesn't look good. in the meantime, before some
>>guest: what speaker boehner has done is to be admired. the proposal wasn't a strong republican proposal. it had less than $2 of spending for every $1 in taxes and right off the simpson-bowles package. they compromised in a timely fashion, and i was shocked house quickly the white house batted it down. >>neil: but they are not moving off the talking points. is there a way people can put something out, don't talk to the press? >>guest: i would point out, i in there is rhetoric...
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direct talks but only moments ago john boehner says there's no progress. >> the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious to come back to us with a counter offer. >> the president told a virginia family on thursday he won't back down on taxing the rich. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one. >> the rebels gain on assad raising fears he might use chemical weapons. that was enough to frighten the russians into talking with hillary clinton about a political transition. >> the united states stands with the syrian people in insisting that any transition process re -- result in a unified democratic syria in which all citizens are represented. the future of this kind cannot possibly include assad. >> a tragic turn of events in london. the nurse that first transferred that prank call to duchess cat
direct talks but only moments ago john boehner says there's no progress. >> the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious to come back to us with a counter offer. >> the president told a virginia family on thursday he won't back down on taxing the rich. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at...
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they are speaking as one with john boehner. so that's, i think, the big difference is that boehner, cantor, mccarthy, throw paul ryan in there, this is a quartet that is moving as one, negotiating as one. there's no, none of this looking over the shoulder. on the leadership side, it's a much different story. yes, it really depends on how you want to try to view it. can you find more rank-and-file conservative republicans who are sort of not in the circle? yes. to complain. but there's no -- there's no alternative. >> bob, you, yesterday, shadowed grover norquist for quite some time. you went to the meeting, his wednesday meeting. >> that's right. >> he has all the time with some of the most powerful conservatives in d.c. and across the country attending. what was their attitude about any deal that boehner might have to make? >> it's pretty interesting when you talk to house republicans because they look at boehner from two different perspectives. on one side, boehner went in front of the house conference and he said, i'm not go
they are speaking as one with john boehner. so that's, i think, the big difference is that boehner, cantor, mccarthy, throw paul ryan in there, this is a quartet that is moving as one, negotiating as one. there's no, none of this looking over the shoulder. on the leadership side, it's a much different story. yes, it really depends on how you want to try to view it. can you find more rank-and-file conservative republicans who are sort of not in the circle? yes. to complain. but there's no --...
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i think boehner, a lot of us want a big deal. we're willing to put everything on the table. >> including new revenue? >> including new revenue. when we talk about they're going to cut, add revenue, cut expenses, we're running $1.3 trillion a year. we're going bankrupt if we don't figure out how to do this in a big way, and i think boehner wants to get that done. i think he can lead on that. i'm glad they're together. i just don't -- over the years i've been in business, you know, you given the professionals an opportunity to get it done but at the end of the day you get in a room yourself and we're not leaving until it gets done. >> do you sense eric cantor, kevin mccarthy, other leaders will give john boehner the room that he needs to do the deal? >> i do. >> without worrying about having to come back and getting his knees cut out from underneath him? >> they've sent some signals. i don't know it if you've been reading. i'm sure you've seen a loft different things about members but i think they want to get a big deal, a substant
i think boehner, a lot of us want a big deal. we're willing to put everything on the table. >> including new revenue? >> including new revenue. when we talk about they're going to cut, add revenue, cut expenses, we're running $1.3 trillion a year. we're going bankrupt if we don't figure out how to do this in a big way, and i think boehner wants to get that done. i think he can lead on that. i'm glad they're together. i just don't -- over the years i've been in business, you know,...
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meanwhile, john boehner started the talks after a standoff that lasted almost a week. then there was the surprise that rocked the capital today. south carolina conservative, jim demint, a hero to many, is retiring next month. nbc's david gregory, the moderator of "meet the press," has more on the surprise announcement. >> reporter: about four years early, a lot of people thought it would happen by 2017, but not at this point. in his term, demint was somebody who turbo-charged the tea party movement. he told me he would like to see the party really adopt more of these tea party ideas. that really didn't happen. there were more internal fights. he did have success in fielding candidates and also failed. he said they didn't do enough to establish what the party was for. he is going to try to be a force behind the party. >> and one more, senator coburn, from texas, somebody the president has a good relationship with opened the door toward raising taxes on the wealthy. is this the start of something? >> reporter: yes, i think a lot of things are misplaced. i talked to a lot
meanwhile, john boehner started the talks after a standoff that lasted almost a week. then there was the surprise that rocked the capital today. south carolina conservative, jim demint, a hero to many, is retiring next month. nbc's david gregory, the moderator of "meet the press," has more on the surprise announcement. >> reporter: about four years early, a lot of people thought it would happen by 2017, but not at this point. in his term, demint was somebody who turbo-charged...
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recently called for john boehner's overthrow by other conservatives in the house. more unink hadded jim demint without having to worry about being a senator is incredibly paralyzing for the republican party. jon: he says he fields he can wield more influence as head of the heritage foundation as he can as a united states senator. here's what he told our bret baier. >> i think i'm in a more powerful position than a single united states senator. i wouldn't feel good about leaving if we didn't have so many new bright young conservatives now in the senate but it's time that conservatives take control of our message and let americans know what we can do to make their lives better. republicans hadn't done that good of a job as a party doing that. jon: he spoke about conservatives, monica, not necessarily republicans. he seemed to be aiming his ire at both parties but republican as well. >> as well he should because the republican establishment for many decades, but now even more recently on the fiscal cliff, they seem to be willing to go down that road of big government,
recently called for john boehner's overthrow by other conservatives in the house. more unink hadded jim demint without having to worry about being a senator is incredibly paralyzing for the republican party. jon: he says he fields he can wield more influence as head of the heritage foundation as he can as a united states senator. here's what he told our bret baier. >> i think i'm in a more powerful position than a single united states senator. i wouldn't feel good about leaving if we...
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boehner said his plan represents a middle ground. he's ready and eager to talk to the president about it. congresswoman kathy mcmorris rogers of washington state is the party's conference chair in the house. >> we're going to either succeed together or we're going to fail together. the president is calling for higher taxes as well as more spending. he's calling for another stimulus. at a time when we need tax reform. we need to be looking at... and the republicans have put forward tax reform that includes closing the loopholes, eliminating some of those tax credits, that will actually impact the wealthiest. >> reporter: some republicans said the boehner plan goes too far in taxing the well-off. south carolina senator jim demint, a staunch fiscal conservative, blasted the plan on twitter today. he said speaker boehner's offer of an $800 billion tax hike will destroy jobs and allow politicians in washington to spend even more. but the senate's democratic majority leader harry reid warned republicans against listening to such voices. >>
boehner said his plan represents a middle ground. he's ready and eager to talk to the president about it. congresswoman kathy mcmorris rogers of washington state is the party's conference chair in the house. >> we're going to either succeed together or we're going to fail together. the president is calling for higher taxes as well as more spending. he's calling for another stimulus. at a time when we need tax reform. we need to be looking at... and the republicans have put forward tax...
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john boehner gave an eagle scout the honor of flipping that switch. >> 3,
john boehner gave an eagle scout the honor of flipping that switch. >> 3,
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john boehner is really the only republican power in town. so a lot of people think that he's going to have to move toward the president. right now, he's showing absolutely no signs of that. but public opinion is definitely in the president's side. >> the president seems to be counting on here that if no deal is reached, the gop will get the blame from voters. is that the right calculation to make? >> absolutely. polls show that republicans would overwhelmingly be blamed if the united states goes over the proverbial fiscal cliff. and that's why president obama has an advantage, because he's willing -- he says, this is what he and his advisers say, he's willing to send the nation off of the fiscal cliff, letting all income tax rates to jump, spending cuts to take hold, investment income rates to jump. he's willing to do that. he thinks republicans would get the political blame. republicans, on the other hand, note that listen, the president's going to have to have another term where he's dealing with what's likely to be a deep recession as a r
john boehner is really the only republican power in town. so a lot of people think that he's going to have to move toward the president. right now, he's showing absolutely no signs of that. but public opinion is definitely in the president's side. >> the president seems to be counting on here that if no deal is reached, the gop will get the blame from voters. is that the right calculation to make? >> absolutely. polls show that republicans would overwhelmingly be blamed if the...
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even though president obama and john boehner chatted by phone, there's no deal. republicans are not amused. >> incredibly many top democrats including the president seem perfectly happy to go off the cliff. that's why the president has been more interested in campaign rallies than actually negotiating a deal. >> many americans don't have much hope the two sides will make a deal and have moved to plan b. a retired teacher in utah has put off plans to get a new car. brian chandler, a data manager in atlanta is delaying buying a house despite needing space for a second kid due any day now and several families are shrinking the gift pile beneath the christmas tree this year. how about you? are you prepared if the nation goes off the fiscal cliff? facebook.com/carolcnn. facebook.com/carolcnn. your responses later this hour. >>> it's going to take massive amount of money to help the northeast recover from sandy. some $36 billion in new jersey alone. and now it's governor chris christie pushing the federal government to pick up 100% of that cost. if you are one of the m
even though president obama and john boehner chatted by phone, there's no deal. republicans are not amused. >> incredibly many top democrats including the president seem perfectly happy to go off the cliff. that's why the president has been more interested in campaign rallies than actually negotiating a deal. >> many americans don't have much hope the two sides will make a deal and have moved to plan b. a retired teacher in utah has put off plans to get a new car. brian chandler, a...
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so john boehner trying to simplify things. he's asking top democrats and republica republicans to step aside so he can negotiate with the president one-on-one. it seems to be a request that everyone was able to live with. brianna keilar is live for us at the white house. if this is the case that everybody has been cleared out of the room, does that surprise you? it seems to make sense to me. >> reporter: it's not surprising at all. this is what observers of this process thought would happen all along. ultimately this was a process that would come down to president obama and house speaker john boehner brokering a deal. very much the way you saw they attempted to do during the debt ceiling debacle last year. it simplifies the problem of less cooks in the kitchen. then they will have to sell it. president obama would have to bring in democrats. john boehner would have to bring in his republicans and make sure everyone is on board. this comes on the heels of what has really been radio silence between the white house and house repu
so john boehner trying to simplify things. he's asking top democrats and republica republicans to step aside so he can negotiate with the president one-on-one. it seems to be a request that everyone was able to live with. brianna keilar is live for us at the white house. if this is the case that everybody has been cleared out of the room, does that surprise you? it seems to make sense to me. >> reporter: it's not surprising at all. this is what observers of this process thought would...
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in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll not sit there did it ourselves. we can't make your demand for you. you should two demand it. of course there is some politics in that because it is a little difficult to say, yeah we want to raise retirement age for medicare or we want to cut or limit the social security cost of living adjustment. but i think the democrats will say, republicans you have to demand it but we'll give it to you if you demand it. martha: seems there are two levels of the political reaction to all of this. you've got the moment when a deal is reachesed, okay? you have what happens to the economy, six, seven, eight months down the road. if indeed you allow taxes to go up on all 100% and it starts to hit businesses
in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll not sit there did it ourselves. we can't make your demand for you. you should two demand it. of course there is some politics in that...
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i think we ought to have the president sitting down with john boehner, finding solutions that can, one, pass the house, and, two, be signed by the president, and i believe if you find that solution, it will pass the senate. >> senator john barrasso, thank you for your time. >> thank you. >> next on "andrea mitchell reports" -- as the house heads home, are democrats in congress being left out of the budget talks? >>> but first, fresh off his gangnam style premiere, alan simpson has a message for all of you kids out there. >> the young people aren't organized. the senior citizens are so well-organized they've got the aarp, committee for the preservation of the gray panthers, the silver head legislators, pink panthers. they are organized and they don't give a whip. this younger generation better learn to take part or get taken apart. wi srk cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put t
i think we ought to have the president sitting down with john boehner, finding solutions that can, one, pass the house, and, two, be signed by the president, and i believe if you find that solution, it will pass the senate. >> senator john barrasso, thank you for your time. >> thank you. >> next on "andrea mitchell reports" -- as the house heads home, are democrats in congress being left out of the budget talks? >>> but first, fresh off his gangnam style...
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>> speaker boehner and i speak frequently. and, you know, i think the issue right now -- >> so, when? when will the two of you sit down in a room? >> you know, i don't think that the issue right now has to do with sitting in a room. >> reporter: in part, the white house was burned by the debt ceiling negotiations of 2011, when lots of meetings failed to stave off a fiscal nightmare. but there's another strategy at play. some in the administration say they learned in the first term the best way to break washington stalemates, rally the public to their cause. here's how the president put it to cbs news. >> so getting out of this town, spending more time with the american people, i need to do a better job of that in my second term. >> a better job of explaining? >> well, explaining, but also inspiring. >> now, wolf, for now, negotiations between the white house and congressional republicans are on deep freeze. at the white house, they are just waiting for the republicans to blink and agree to raise rates for the wealthiest. repub
>> speaker boehner and i speak frequently. and, you know, i think the issue right now -- >> so, when? when will the two of you sit down in a room? >> you know, i don't think that the issue right now has to do with sitting in a room. >> reporter: in part, the white house was burned by the debt ceiling negotiations of 2011, when lots of meetings failed to stave off a fiscal nightmare. but there's another strategy at play. some in the administration say they learned in the...
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the holdup right now is that speaker boehner took a position, i think the day after the campaign, that said we're willing to bring in revenue, but we aren't willing to increase rates and i just explained to you why we don't think that works. we're not trying to -- we're not insisting on rates just out of spite or out of any kind of partisan bickering, but rather because we need to raise a certain amount of revenue. now we have seen some movement over the last several days amongst some republicans. i think there is a recognition that maybe they can accept some rate increases as long as it's combined with serious entitlement reform and additional spending cuts and if we can get the leadership on the republican side to take that framework, to acknowledge that reality, then the numbers actually aren't that far apart. another way of putting this is, we can probably solve this in about a week. it's not that tough. but we need that are conceptal breakthrough that says we need to do a balanced plan, that's what's best for the american economy and that's what the american people voted for and i
the holdup right now is that speaker boehner took a position, i think the day after the campaign, that said we're willing to bring in revenue, but we aren't willing to increase rates and i just explained to you why we don't think that works. we're not trying to -- we're not insisting on rates just out of spite or out of any kind of partisan bickering, but rather because we need to raise a certain amount of revenue. now we have seen some movement over the last several days amongst some...
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instead of john boehner, his name is b-o-e-h-n-e-r-- pronounced it right. >> his name is john boehner. it is how we pronounced it. some news from overseas, this is from the bbc. hugo chavez and need of cancer surgery. he only returned to cuba on friday. tests had detected more cancerous cells. there is this from the associated press. the south african president visited nelson mandela who is a in the president. -- who is a dental the hospital. he was admitted to a military hospital. he found the frail 94-year-old to be comfortable and in good care. we will turn our attention to the issue that has dominated our discussion since the election. we will continue to do so over the next few weeks. the president reject talks continue on the phone on the fiscal cliffs. what is happening behind the scenes? as next. we will have our sunday round table. all weekend long on but tv and american history to be, we are featuring the literary life of albany, new york, the capital of the new york state. we will feature all of the history programming our producers gathered there. here is a portion on sept
instead of john boehner, his name is b-o-e-h-n-e-r-- pronounced it right. >> his name is john boehner. it is how we pronounced it. some news from overseas, this is from the bbc. hugo chavez and need of cancer surgery. he only returned to cuba on friday. tests had detected more cancerous cells. there is this from the associated press. the south african president visited nelson mandela who is a in the president. -- who is a dental the hospital. he was admitted to a military hospital. he...
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boehner, let them go. let president obama, let him have two recessions on two terms, that's the only way that they'll cut a time of spending if they're forced to do it. >> you mentioned the number, 5-8 billion dollars, new congress militia numbers out. 4.8 billion dollars a day so far, now, this is for not this year, this is for fiscal year 2013 which began in october. carney, the white house press spokesperson says a number of things about this, take a listen. >> the debt reduction in and of itself is not the goal here. the reason to get our fiscal house in order and the reason to pass a deficit reduction package that's balanced and allows for economic growth and job creation is to put our economy on a sustainable fiscal path. which again, in itself produces positive economic benefits and growth and jobs. >> eric: that's ridiculous, what that man just said, the reason for the discussions is not to cut the deficit, it's to put our economy on a path to fiscal growth and create jobs. the only way to do it is
boehner, let them go. let president obama, let him have two recessions on two terms, that's the only way that they'll cut a time of spending if they're forced to do it. >> you mentioned the number, 5-8 billion dollars, new congress militia numbers out. 4.8 billion dollars a day so far, now, this is for not this year, this is for fiscal year 2013 which began in october. carney, the white house press spokesperson says a number of things about this, take a listen. >> the debt reduction...
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. >> so, anna, i hear comments like those and remarks by john boehner and the president of the united states and i wonder after the election, did we learn anything? because i -- my reading on the election was that the people, the voters wanted compromise. and for the people in washington to talk to each other not at each other. that still appears to be what they're doing, no? >> i think right after the election that was the message that even president obama and john boehner and the entire leadership, we saw that incredible image of the minority and majority leaders on both houses come out saying things that sounded like they were going to cooperate. but, you know, only in washington can that mean nothing quickly. but i do think, look, let's put this in perspective. we have a game of chicken going on here with a lot of posturing. there's 30 days to get this done, which for washington time it's like dog years. it's an eternity. one day counts for seven. when they want to get something done, they can get it done. but i think right now you're seeing a lot of public posturing to get the be
. >> so, anna, i hear comments like those and remarks by john boehner and the president of the united states and i wonder after the election, did we learn anything? because i -- my reading on the election was that the people, the voters wanted compromise. and for the people in washington to talk to each other not at each other. that still appears to be what they're doing, no? >> i think right after the election that was the message that even president obama and john boehner and the...
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. >> well we've heard from just about everybody in town except for speaker boehner. scott it feels like we're getting some deal making behind the scenes and i'll tell you why it feels that way. we were told that yesterday speaker boehner and president obama held a phone call, it was said to be about 20, 28 minutes in length but neither side has leaked what happened on that phone call. the house republicans are not leaking, the white house just within the past hour said it's not going to tell reporters what was discussed, that's probably an encouraging sign that negotiations are taking place. last week we saw that they had a proposal and immediately house republicans leaked the white house proposal and then republicans went out of their way to say they were laughing at that proposal, now they're not leaking, that's probably a sign of some real deal making but nonetheless harry reid the senate democratic leader was on the floor within the past hour or so and he kept the pressure up on republicans. take a listen. >> the plan for the republicans to face reality, there's
. >> well we've heard from just about everybody in town except for speaker boehner. scott it feels like we're getting some deal making behind the scenes and i'll tell you why it feels that way. we were told that yesterday speaker boehner and president obama held a phone call, it was said to be about 20, 28 minutes in length but neither side has leaked what happened on that phone call. the house republicans are not leaking, the white house just within the past hour said it's not going to...
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earlier this week he argued that speaker boehner's proposal tax hikes would destroy jobs. but senator demind says his resignation has nothing to do with the fiscal cliff. it's because he has accepted a job as president of the conservative think tank the heritage foundation. jim demint served three terms as a u.s. congressman from south carolina before voters first elected him to the senate in 2004. mike emanuel is on capitol hill tonight. it's a big resignation,. >> jim demint says is he leaving the senate, shep he is not leaving the fight. in fact, demint might be able to spend more time on issues he is most passionate about at the heritage foundation. he explained his thinking on "special report" a short time ago. >> i think i'm in a more powerful position than a single united states senator. i wouldn't feel good about leaving if we didn't have so many new bright young conservatives now in the senate. but it's time that conservatives take control of our message and let americans know what we can do to make their lives better. earlier fellow south carolina senator lindsey
earlier this week he argued that speaker boehner's proposal tax hikes would destroy jobs. but senator demind says his resignation has nothing to do with the fiscal cliff. it's because he has accepted a job as president of the conservative think tank the heritage foundation. jim demint served three terms as a u.s. congressman from south carolina before voters first elected him to the senate in 2004. mike emanuel is on capitol hill tonight. it's a big resignation,. >> jim demint says is he...
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now, about the fiscal cliff, john boehner's in town. that's relatively rare for him to stay in town on the weekend. the president was here, but there were meetings yesterday. nancy pelosi came in and out. no one saw her. we thought reading the tea leaves maybe there would be some movement. there was some movement. the president is playing golf. haven't seen hide nor hair of john boehner. >> mike viqueira, thank you, good sir. for more insight into where all of this is headed and whether there could be a breakthrough, i'd like to bring in david jackson, white house reporter for "usa today," and the politics writer for "roll call." appreciate your time. david, what's your sense right now? how far apart are the two sides? >> i think they're closer than a lot of people think because as mike just mentioned the dispute the size of the tax increase on the wealthy. both sides have said they want to negotiate what that rate may be. as far as the republicans are concerned, they want more commitment from the white house for spending cuts particula
now, about the fiscal cliff, john boehner's in town. that's relatively rare for him to stay in town on the weekend. the president was here, but there were meetings yesterday. nancy pelosi came in and out. no one saw her. we thought reading the tea leaves maybe there would be some movement. there was some movement. the president is playing golf. haven't seen hide nor hair of john boehner. >> mike viqueira, thank you, good sir. for more insight into where all of this is headed and whether...